PRESERVATION OF TAX AND ACCOUNTING TREATMENT. Except as contemplated by this Agreement, after the Closing Date, AmPaM shall not and shall not permit any of its Subsidiaries to undertake any act that would jeopardize the tax-free status of the exchange of Company Stock for AmPaM Stock (but not cash or other property), including without limitation: (a) the retirement or reacquisition, directly or indirectly, of all or part of the AmPaM Stock issued in connection with the transactions contemplated hereby; or (b) the entering into of financial arrangements for the benefit of the Stockholders other than as described in the Private Placement Memorandum or as described in this Agreement.
Appears in 9 contracts
Samples: Acquisition Agreement (Miller Mechanical Contractors Inc), Acquisition Agreement (Miller Mechanical Contractors Inc), Acquisition Agreement (Miller Mechanical Contractors Inc)
